THE SCULLY FARM 209 acres +/-, mol Harmon & Hamilton Township Lee County, IL
Martin Goodrich & Waddell, Inc. Sycamore, IL • 815.756.3606 •
[email protected] The Scully Farm INTRODUCTION
The Scully Farm PROPERTY INFORMATION The Farmland Price: County:
$4,450.00 / acre Lee
Location:
The subject farm is located approximately 113 miles southwest of Chicago and O'Hare International Airport. Nearby towns include: Dixon - 12 miles to the northeast; and Naperville - 72 miles to the northeast.
Frontage:
There is approximately 9/10 mile of road frontage on Hamilton Road and approximately 2/5 mile of road frontage on Arch Road.
Major Highways:
Interstate 88 is 5 1/2 miles to the north. State Highway 30 is 5 1/4 miles to the north, and State Highway 92 is 8 miles to the south.
Legal Description:
A brief legal description indicates the Scully Farm is located in part of the West Half of Section 31 and part of the Northeast Quarter of Section 6, Township 19-20 NorthRange 8 East of the Third Principal Meridian (Harmon and Hamilton Township), Lee County, Illinois.
Total Acres:
There are a total of 209 acres, more or less.
Tillable Acres:
There are 191.6 estimated tillable acres.
Soil Types:
Major soil types found on this farm include: Cohoctah loam, Ambraw loam, Waukee loam, La Hogue loam, Dickinson sandy loam, Orio loam, Hoopeston sandy loam, and Sparta sandy loam.
FSA Data:
The Farm Service Agency (FSA) Corn Yielf is 127 bushels per acre and the FSA Corn Base is 168.1 acres. The FSA Bean Yield is 33 bushels per acre and the FSA Bean Base is 22.3 acres.
Topography: Climate/ Growing Season:
The topography of the subject farm is level to gently rolling. Lee County has a continental climate typical of northern Illinois. The average length of the growing season is nearly 173 days. On average we expect about 2750 growing degree days from April 23 through October 15. Annual precipitation averages about 35 inches with over two thirds of tihs coming during the growing season. Snowfall averages about 35 inches per year. Prevailing winds are from the west-northwest. This climate, combined with the generally excellent soils in the area, provide a nearly ideal environment for the production of corn and soybeans.
The Scully Farm PROPERTY INFORMATION The Farmland Mineral Rights: Rental Status:
All mineral rights owned by the seller will be transferred in their entirety to the new owner. The property is being cash rented for the current crop year.
Possession:
Posession will be given at closing, subject to the terms and conditions set forth in a purchase contract.
Farm Management:
Professional farm management services are available to absentee owners through several local members of The American Society of Farm Managers and Rural Appraisers. Recommendations are provided upon request.
Price Terms: Financing:
Taxes: Grain Markets: Zoning:
The asking price is $4,450 per acre. The owners are seeking a cash sale. A 10% earnest money deposit should accompany any offer to purchase. Mortgage financing is available from several sources including the Farm Credit Services and several major insurance companies. Names and addresses of financing sources will be provided upon request. The 2008 Real Estate Taxes to be paid in 2009 are to follow. There are a number of grain markets located near the Scully Farm. The farm is zoned Agricultural.
Disclaimer: Although the information contained in this brochure is considered to be accurate, no representation or warranty to that effect is being made. The information contained herein is subject to verification, and no liability for errors or omissions is assumed. The listing may be withdrawn with or without notice, and the stated price and terms are subject to change without notice or approval. The Seller further reserves the right to reject any and all offers. All inquires, inspection appointments, and offers must be channeled through the Seller’s Designated Agent.
The Scully Farm HIGHWAY MAP Hamilton Road
The Scully Farm PLAT MAP Harmon and Hamilton Township
The Scully Farm NOTES